CFOx advised an independent sponsor on the formation and expansion of a home services platform focused on restoration services, supporting two acquisitions completed across multiple transaction phases.

The initial investment involved the acquisition of a white‑glove water damage restoration business, which served as the platform’s foundational asset. Several months later, the sponsor completed an add‑on acquisition of a mold and water restoration company, expanding the platform’s technical capabilities and strengthening its competitive position within the restoration market.

For both transactions, CFOx’s Transaction Services team performed Buy‑Side Financial Due Diligence, tailored to the operational realities of restoration businesses, including project‑based revenue recognition, labor intensity, seasonality, and variable job mix.

CFOx’s analysis focused on assessing sustainable earnings, identifying normalization adjustments, and providing the sponsor with a clear, consistent view of historical financial performance as the business evolved from a single‑entity acquisition into a multi‑entity platform. By supporting both the platform formation and subsequent add‑on, CFOx delivered decision‑ready insights aligned with the sponsor’s evolving investment thesis and growth strategy.

This engagement highlights CFOx’s ability to serve private equity sponsors throughout the full lifecycle of a home services platform—from initial acquisition through ongoing expansion—and reflects the firm’s depth of experience advising restoration and specialty services businesses.

If you would like to learn more about our Transaction Services, please reach out via email (info@cfoxadvisory.com) or schedule a call directly on our Contact Us page.

Services Provided:

• Quality of Earnings (QoE) Analysis
• Proof of Cash Analysis
• Net Working Capital & Net Debt Calculations